SK Telecom aims to expand its “affiliations with customer-preferred mainnets and decentralized applications (dApps)” using this tripartite agreement with the blockchain companies.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
LHV Bank founder has $470M worth of Ether, but lost his private key
Rain Lõhmus, the founder of LHV Bank told Estonian media last month he’s not made much effort to recover the funds, but is willing to pay someone who can.
LHV Bank founder has $470M worth of Ether, but lost his private key
Rain Lõhmus, the founder of LHV Bank told Estonian media last month he’s not made much effort to recover the funds, but is willing to pay someone who can.
Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing the need to reallocate its resources.
The firm’s founder and CEO Emin Gün Sirer confirmed the news on Nov. 7 after several former Ava Labs employees announced on X (formerly Twitter) they had been laid off.
“This reduction in force affected 12% of Ava Labs, and allows us to reallocate resources to double down on the growth of our firm and the Avalanche ecosystem,” Gün Sirer said.
Gün Sirer acknowledged that bear markets can be tough to navigate but iterated Ava Labs is well-positioned with significant runway and resources at its disposal.
Ava Labs has 335 employees, according to LinkedIn, which suggests around 40 people were impacted.
Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies.
6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto
Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro —a city with a burgeoning crypto industry.
But for Tillier — who holds dual citizenship between Belgium and Brazil — cryptocurrency is more than a job. It was a passion sparked by a friend, and it evolved into his first full-time crypto job with Lumx in 2021.
I was very fortunate because the father of one of my closest friends was the one who founded the first crypto firm here in Brazil in 2016 — BLP Crypto. Before that, he was always talking to me about crypto and blockchain, telling me it was the future and that I should learn more about it. So around 2019, I finally listened to him and started studying Bitcoin. I started working for Lumx in 2021.
We are a blockchain abstraction solution for big enterprises. We help anyone who wants to integrate blockchain into their business, or companies that want to deploy projects or experiment on blockchain. We do things like payment solutions and decentralized identity (DID) solutions.
Big companies can mostly focus only on their own applications — not on hiring blockchain engineers or learning about blockchain technology and infrastructure, which is still complex. So we enable those big companies to work and test safely. I’m the manager of sales for Lumx, so I’m the one responsible for building and maintaining relationships with blockchains and protocols.
6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto
Lugui Tillier talked to us about his job as the sales chief for crypto firm Lumx in Rio de Janeiro — and his thoughts on the future of crypto.
6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto
Lugui Tillier talked to us about his job as the sales chief for crypto firm Lumx in Rio de Janeiro — and his thoughts on the future of crypto.
6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto
Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro — a city with a burgeoning crypto industry.
But for Tillier — who holds dual citizenship between Belgium and Brazil — cryptocurrency is more than a job. It was a passion sparked by a friend, and it evolved into his first full-time crypto job with Lumx in 2021.
I was very fortunate because the father of one of my closest friends was the one who founded the first crypto firm here in Brazil in 2016 — BLP Crypto. Before that, he was always talking to me about crypto and blockchain, telling me it was the future and that I should learn more about it. So around 2019, I finally listened to him and started studying Bitcoin. I started working for Lumx in 2021.
We are a blockchain abstraction solution for big enterprises. We help anyone who wants to integrate blockchain into their business, or companies that want to deploy projects or experiment on blockchain. We do things like payment solutions and decentralized identity (DID) solutions.
Big companies can mostly focus only on their own applications — not on hiring blockchain engineers or learning about blockchain technology and infrastructure, which is still complex. So we enable those big companies to work and test safely. I’m the manager of sales for Lumx, so I’m the one responsible for building and maintaining relationships with blockchains and protocols.
6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto
Lugui Tillier talked to us about his job as the sales chief for crypto firm Lumx in Rio de Janeiro — and his thoughts on the future of crypto.
6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto
Lugui Tillier talked to us about his job as the sales chief for crypto firm Lumx in Rio de Janeiro — and his thoughts on the future of crypto.
6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto
Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro — a city with a burgeoning crypto industry.
But for Tillier — who holds dual citizenship between Belgium and Brazil — cryptocurrency is more than a job. It was a passion sparked by a friend, and it evolved into his first full-time crypto job with Lumx in 2021.
I was very fortunate because the father of one of my closest friends was the one who founded the first crypto firm here in Brazil in 2016 — BLP Crypto. Before that, he was always talking to me about crypto and blockchain, telling me it was the future and that I should learn more about it. So around 2019, I finally listened to him and started studying Bitcoin. I started working for Lumx in 2021.
We are a blockchain abstraction solution for big enterprises. We help anyone who wants to integrate blockchain into their business, or companies that want to deploy projects or experiment on blockchain. We do things like payment solutions and decentralized identity (DID) solutions.
Big companies can mostly focus only on their own applications — not on hiring blockchain engineers or learning about blockchain technology and infrastructure, which is still complex. So we enable those big companies to work and test safely. I’m the manager of sales for Lumx, so I’m the one responsible for building and maintaining relationships with blockchains and protocols.
Solana price corrects as recent (SOL) rally factors come under question
Solana (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, SOL’s failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many investors pondering whether the ecosystem growth and network activity support Solana’s present $16.9 billion market capitalization.
Solana's peak at $44.50 on Nov. 2 was the highest it had reached since August 2022, and coincided with the Solana Breakpoint 2023 global conference held in Amsterdam. The price hype during this period even prompted BitMEX co-founder Arthur Hayes to admit to being a "degen" and invest in SOL, despite referring to the token as "just a meme."
During the Breakpoint conference, the Solana Foundation unveiled the testnet launch of Firedancer, a new client aimed at enhancing speed, reliability, and reducing hardware requirements for validators, addressing a longstanding criticism of this layer-1 blockchain that offers parallel computing for smart contracts.
Additionally, on Oct. 31, the Solana Foundation announced the availability of its network dataset on Google Cloud BigQuery, a serverless data warehouse solution with built-in machine learning and artificial intelligence. This enables developers and companies to access archival data and analytical insights transparently and securely.
On the development front, the Solana Foundation has maintained a consistent level of activity. This includes the approval by validators in September of the v.1.16 update, which introduced confidential transactions for SPL tokens on the Solana network using zero-knowledge (ZK) proofs.
SEC Inspector General says prohibition on crypto ownership hinders agency hiring
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc.
UK stablecoin regulation begins to take shape in multiple FCA, BOE documents
It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking.
Price analysis 11/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON
Bitcoin’s (BTC) marginal rise of about 1.5% last week suggests that traders are cautious at higher levels but they are not rushing to the exit. The bears have been in hibernation for the past few days but if the rally fails to resume, sellers may try to make a comeback.
However, in an uptrend, dips are usually viewed as an opportunity for long-term investors to accumulate. The positive sentiment among traders can be gauged by the increase in Bitcoin withdrawals from exchanges which reached 61,000 Bitcoin, a strong improvement over the year-to-date low of nearly 43,000 Bitcoin, according to CryptoSlate analyst Van Straten.
Daily cryptocurrency market performance. Source: Coin360A large part of the accumulation is taking place in Bitcoin in the hopes that the United States Securities and Exchange Commission will eventually approve a spot Bitcoin exchange-traded fund. The enthusiasm of the traders increased further on the news that the Hong Kong government may consider proposals for a spot Bitcoin ETF. BitMEX co-founder Arthur Hayes said on X (formerly Twitter) that the competition between the United States and China is good for Bitcoin.
Are Bitcoin and altcoins ready to extend their up-move or is it time for a short-term correction? Let’s analyze the charts to find out.
S&P 500 Index price analysis
The S&P 500 Index (SPX) has been on a tear for the past few days. The bulls pushed the price above the 20-day exponential moving average (4,275) on Nov. 2 and followed it up a break above the 50-day simple moving average (4,346) on Nov. 3.
Price analysis 11/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON
Bitcoin price is consolidating near $35,000. Will altcoins capitalize on the sideways price action and move higher?
Price analysis 11/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON
Bitcoin price is consolidating near $35,000. Will altcoins capitalize on the sideways price action and move higher?
Jury finds SBF guilty on all charges, sentencing set for March 2024: Law Decoded
Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison.